Agency defined
Beef meatpacking
Aggregate concentration · Not comparable
- Product boundary
- Purchases of steers and heifers by beef packers
- Geography
- United States, while cattle procurement often occurs in regional markets
- Measurement
- USDA-reported share of steer and heifer purchases handled by the four largest beef packers
- Denominator
- All U.S. steer and heifer purchases represented in the USDA historical CR4 series
- Included
- The aggregate top-four packer share at published historical anchors
- Excluded
- Individual packer shares, hog purchases, regional procurement areas, cattle prices, and wholesale beef sales